U.S. President Donald Trump's administration is considering blocking the delivery of aircraft engines co-produced by General Electric Co., the Wall Street Journal reported, citing people familiar with the discussions.
The engines are produced by CFM International, a joint venture between General Electric and France's Safran SA. The Trump administration reportedly may decline to issue the license CFM needs to export its LEAP 1c jet engines to China. The move would not bar other engines produced by CFM from being exported.
Some in the administration are concerned that China could reverse engineer the engines and start producing their own version, which could affect U.S. business interests in the aircraft market, WSJ wrote.
GE is opposed to the possible delivery halt and believes that copying the technology used in the engines is much harder than the administration believes, people familiar with the talks told WSJ.